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Old house with a large terrace and patio It's semi-remodeled, has electricity, but it has no water or sewers
União das Freguesias de Tavira (Santa Maria e Santiago), Faro, Portugal
REF: 895685
€165,000
Description
Old house with a large terrace and patio It's semi-remodeled, has electricity, but it has no water or sewers. The house is semi-owned, and is part of a larger property, being located 3 km from Tavira and less than 10 minutes from the city center. With a total land area of 218.35 square meters. About The City of Tavira: Tavira is a small town on the Algarve coast of Portugal. It extends along the Gilão River, which reaches the sea through the entrances of the lagoons of the Ria Formosa Natural Park. The Island of Tavira has a long sandy beach and salt pans that attract flamingos, spoonspoons and other canisters. Tavira is a city of a history very marked by Christian reconquest and some of its landmarks reflect this same history: the medieval castle of Tavira that offers views of the city, the Roman Bridge that crosses the River Gilão, and its churches that hold true treasures. Casas do Sotavento is a family business, recognized at home and abroad, by customers, employees, investors, for the quality of our actions and our project. Our mission is to provide an easy and peaceful experience. Our concern, to treat everyone as we would like to be treated.
Old house with a large terrace and patio It's semi-remodeled, has electricity, but it has no water or sewers. The house is semi-owned, and is part of a larger property, being located 3 km from Tavira and less than 10 minutes from the city center. With a total land area of 218.35 square meters. About The City of Tavira: Tavira is a small town on the Algarve coast of Portugal. It extends along the Gilão River, which reaches the sea through the entrances of the lagoons of the Ria Formosa Natural Park. The Island of Tavira has a long sandy beach and salt pans that attract flamingos, spoonspoons and other canisters. Tavira is a city of a history very marked by Christian reconquest and some of its landmarks reflect this same history: the medieval castle of Tavira that offers views of the city, the Roman Bridge that crosses the River Gilão, and its churches that hold true treasures. Casas do Sotavento is a family business, recognized at home and abroad, by customers, employees, investors, for the quality of our actions and our project. Our mission is to provide an easy and peaceful experience. Our concern, to treat everyone as we would like to be treated.
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Currency Exchange
União das Freguesias de Tavira (Santa Maria e Santiago), Faro, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €165,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €165,000 | £136,671 | £141,809 | £5,138 |
| Property Price € | €165,000 |
| Minimum cost in the last six months | £136,671 |
| Maximum cost in the last six months | £141,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,138 |
União das Freguesias de Tavira (Santa Maria e Santiago), Faro, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €165,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €165,000 | £136,671 | £141,809 | £5,138 |
| Property Price € | €165,000 |
| Minimum cost in the last six months | £136,671 |
| Maximum cost in the last six months | £141,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,138 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £5,138 more.
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